While Spurs are building the most expensive private stadium in Europe, beside their project something even more expensive is about to emerge. With 2,500 new homes it will cost £1 billion.

Demolition of White Hart Lane and construction of the new 61,000-seater, together with new residential and commercial buildings, is known as the Northumberland Development Project. The stadium itself will cost £800 million, making it the most expensive private stadium under construction in Europe. But that's only part of how the northern London district is about to change.

Private developer Landlease has been selected as recommended contractor for High Road West project, just across the street from Tottenham's stadium. Old high-rise and low-rise residential, commercial and industrial buildings will be razed across 26 hectares to make way for brand new estate.

With far better spatial planning (materplan by S333 Architecture and Arup), the new project will include up to 50% more public, open and green spaces, envisioning the creation of 630 jobs once delivered. During construction the project will need 6,000 hands for construction work.

The 26-hectare site will host 2,500 houses, of which some 750 appartments categorised as affordable housing.

Landlease defeating competing bids from Barratt Developments and Linkcity (Bouygues), though the decision is yet to be sealed. The project will be discussed by the Haringey Council on September 12, which should see Landlease approved.